Egypt median o/n interbank edges down to 8.76 pct
The median overnight interbank rate on Egypt s pound dropped marginally at 8.76 percent on Thursday from 8.766 percent on Wednesday in a liquid market with the absence of certificates…
Sharm Dreams offers 6.4 mln shares for subscription
CAIRO: Egyptian hotel company Sharm Dreams for Tourism Investment said on Thursday it will offer 6.4 million shares for subscription in late August. Amr Helmi, director of investor relations for…
Ghabbour private placement 7 times oversubscribed
CAIRO: A private placement of shares in Egyptian auto company Ghabbour Auto has been seven times oversubscribed two working days before it closes, a stock exchange statement said on Thursday.…
CIA "kidnap" victim eyes political career in Egypt
CAIRO: An Egyptian cleric who says he was kidnapped by the CIA in Italy and flown to Egypt for interrogation is considering a political career in his home country thanks…
Fatah and Hamas fight it out on the virtual battleground
CAIRO: Away the streets of Gaza, the infighting between Hamas and Fatah has moved to a new battleground - that of the internet. Aside from the conventional electronic warfare on…
Nine killed in Israel raids on Gaza
GAZA CITY: Nine Palestinians were killed on Wednesday as Israel launched twin offensives in the Gaza Strip, triggering the deadliest violence since Hamas fighters overran the territory 12 days ago.…
Saudi-Egypt meeting ends without incident
CAIRO: Saudi Arabia's King Abdullah urged rival Palestinian factions to settle their differences or face serious repercussions following a Tuesday meeting with President Hosni Mubarak. Ahead of a two-day meeting…
'Unite against Zionist enemy,' Egypt's Bar Association tells Palestinians
CAIRO: Under the slogan Resistance versus Surrender the Egyptian Bar Association hosted a public seminar Wednesday to address the latest escalations in Palestine.The goal of the conference, as Lawyers' Syndicate…
Nasser son-in-law and intelligence agent dead in London
Reuters CAIRO: The son-in-law of former Egyptian President Gamal Abdel Nasser, named by Israeli officials as a source for the Israeli intelligence service Mossad, died in London on Wednesday and…